10, MELVIN CLOSE, LAVERSTOCK, SALISBURY, SP1 1PG - £220,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 MELVIN CLOSE is a very small detached house of 44m², built sometime between 1930 and 1949. It was last sold for £220,000 in October 2014, which was around 36% below the average October 2014 detached price in the Wiltshire local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

10 MELVIN CLOSE Sold Prices

Land registry data shows two sales for 10 MELVIN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. Both of the two 10 MELVIN CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 24 OCT	£220,000	£342,659	36% below HPI
2014 19 FEB	£150,000	£319,323	53% below HPI

10 MELVIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The two 10 MELVIN CLOSE sales from February 2014 and October 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2014 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the October 2014 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 10 MELVIN CLOSE?

10 MELVIN CLOSE is 44m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 10% of detached houses in Salisbury, based on EPC data. The below chart shows the distribution of detached houses by size in Salisbury, and where 10 MELVIN CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 10 MELVIN CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Salisbury.

10 MELVIN CLOSE: Plot and Title Map

10 MELVIN CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 10 MELVIN CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 10 MELVIN CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 10 MELVIN CLOSE?

10 MELVIN CLOSE is located in LAVERSTOCK, in the SP1 postcode district. The below map shows the position of No. 10 on MELVIN CLOSE.